Governor of the Bank of England

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Governor of the
Bank of England
Bank of England.svg
Seal of the Bank of England
Incumbent
Sir Mervyn King, GBE, FBA
119th Governor of the Bank of England
since June 30, 2003
Residence London, United Kingdom
Appointer Monarch on advice from the Prime Minister
Term length

8 years

Renewable Once
Inaugural holder Sir John Houblon
Formation 1694
Website Governor of the Bank of England

The Governor of the Bank of England is the most senior position in the Bank of England. It is nominally a civil service post, but the appointment tends to be from within the Bank, with the incumbent grooming his or her successor. The incoming Governor is current Bank of Canada Governor Mark Carney, the first foreigner to be appointed to the post. The Governor of the Bank of England is also Chairman of the Monetary Policy Committee, with a major role in guiding national economic and monetary policy, and is therefore one of the most important public officials in the United Kingdom.

The 119th and current Governor is Mervyn King, appointed in 2003. He will be succeeded in the summer of 2013 by Mark Carney, the current Governor of the Bank of Canada.

Governors of the Bank of England [edit]

External links [edit]